"Multi TCF discovery"
Market cap around $150m is still too low considering we may have multi TCF divided by 5. More buying will happen as time gets closer to news, but by that time we might be 5c.
On 8 September, Norwest and partner Mineral Resources (ASX:MIN) subsidiary Energy Resources, announced that their Lockyer Deep-1 exploration well in Exploration Permit (EP) 368 hit a multi-trillion cubic feet (cf) gas resource. Norwest believes its early assessment of gas resources within the area will exceed its pre-drill assessment of 1.1 trillion cf.
Big gas discovery bodes well for Australia’s Perth basin - News for the Energy Sector (energyvoice.com)
"Multi TCF discovery"Market cap around $150m is still too low...
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